Mcgrath Rentcorp (MGRC) Interest Expenses (2010 - 2026)
Mcgrath Rentcorp posted quarterly Interest Expenses of $6.5 million for Q1 2026, down 20.32% year-on-year from $8.2 million in Q1 2025, and little changed on a QoQ basis from $6.5 million in Q4 2025.
Mcgrath Rentcorp (MGRC) has 17 years of Interest Expenses data on file, last reported at $6.5 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 20.32% year-over-year to $6.5 million; the trailing twelve-month figure through Mar 2026 stood at $29.0 million (down 32.16% YoY), and the FY2025 full-year result was $30.6 million, down 35.18% from the prior year.
- Interest Expenses for Q1 2026 stood at $6.5 million, roughly flat from $6.5 million in the prior quarter.
- Across five years, Interest Expenses topped out at $13.0 million in Q2 2024 and bottomed at $2.3 million in Q1 2022.
- The 5-year median for Interest Expenses is $8.2 million (2025), against an average of $8.1 million.
- The widest annual swing landed in 2023, when Interest Expenses jumped 309.93%; it then sank 40.21% in 2025.
- A 5-year view of Interest Expenses shows it stood at $4.2 million in 2022, then soared by 190.58% to $12.1 million in 2023, then slipped by 26.95% to $8.9 million in 2024, then slipped by 26.71% to $6.5 million in 2025, then advanced by 0.12% to $6.5 million in 2026.
- The last three Interest Expenses figures came in at $6.5 million (Q1 2026), $6.5 million (Q4 2025), and $8.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 61.41 Mn |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 97.00 Mn |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 371,000.00 |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | - |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | 229.00 Mn |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | - |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | - |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 6.50 Mn |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | - |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.50 Mn |
| Mar 31, 2026 | 6.50 Mn |
| Dec 31, 2025 | 6.49 Mn |
| Dec 31, 2025 | 6.49 Mn |
| Sep 30, 2025 | 8.18 Mn |
| Sep 30, 2025 | 8.18 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Jun 30, 2025 | 7.80 Mn |
| Mar 31, 2025 | 8.16 Mn |
| Mar 31, 2025 | 8.16 Mn |
| Dec 31, 2024 | 8.86 Mn |
| Dec 31, 2024 | 8.86 Mn |
| Sep 30, 2024 | 12.64 Mn |
| Sep 30, 2024 | 12.64 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Jun 30, 2024 | 13.04 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Mar 31, 2024 | 12.70 Mn |
| Dec 31, 2023 | 12.13 Mn |
| Dec 31, 2023 | 12.13 Mn |
| Sep 30, 2023 | 11.03 Mn |
| Sep 30, 2023 | 11.03 Mn |
| Jun 30, 2023 | 9.95 Mn |
| Jun 30, 2023 | 9.95 Mn |
| Mar 31, 2023 | 7.46 Mn |
| Mar 31, 2023 | 7.46 Mn |
| Dec 31, 2022 | 4.17 Mn |
| Dec 31, 2022 | 4.17 Mn |
| Sep 30, 2022 | 3.36 Mn |
| Sep 30, 2022 | 3.36 Mn |
| Jun 30, 2022 | 2.43 Mn |
| Jun 30, 2022 | 2.43 Mn |
| Mar 31, 2022 | 2.28 Mn |
| Mar 31, 2022 | 2.28 Mn |
| Dec 31, 2021 | 1.04 Mn |
| Dec 31, 2021 | 1.04 Mn |
| Sep 30, 2021 | 3.17 Mn |
| Sep 30, 2021 | 3.17 Mn |
| Jun 30, 2021 | 2.26 Mn |
| Jun 30, 2021 | 2.26 Mn |
| Mar 31, 2021 | 1.78 Mn |
| Mar 31, 2021 | 1.78 Mn |
| Dec 31, 2020 | 1.98 Mn |
| Dec 31, 2020 | 1.98 Mn |
| Sep 30, 2020 | 1.97 Mn |
| Sep 30, 2020 | 1.97 Mn |
| Jun 30, 2020 | 2.18 Mn |
| Jun 30, 2020 | 2.18 Mn |
| Mar 31, 2020 | 2.65 Mn |
| Mar 31, 2020 | 2.65 Mn |
| Dec 31, 2019 | 2.92 Mn |
| Dec 31, 2019 | 2.92 Mn |
| Sep 30, 2019 | 3.16 Mn |
| Sep 30, 2019 | 3.16 Mn |
| Jun 30, 2019 | 3.14 Mn |
| Jun 30, 2019 | 3.14 Mn |
| Mar 31, 2019 | 3.11 Mn |
| Mar 31, 2019 | 3.11 Mn |
| Dec 31, 2018 | 3.16 Mn |
| Dec 31, 2018 | 3.16 Mn |
| Sep 30, 2018 | 3.14 Mn |
| Sep 30, 2018 | 3.14 Mn |
| Jun 30, 2018 | 3.00 Mn |
| Jun 30, 2018 | 3.00 Mn |
| Mar 31, 2018 | 2.99 Mn |
| Mar 31, 2018 | 2.99 Mn |
| Dec 31, 2017 | 2.90 Mn |
| Dec 31, 2017 | 2.90 Mn |
| Sep 30, 2017 | 2.99 Mn |
| Sep 30, 2017 | 2.99 Mn |
| Jun 30, 2017 | 2.95 Mn |
| Jun 30, 2017 | 2.95 Mn |
| Mar 31, 2017 | 2.79 Mn |
| Mar 31, 2017 | 2.79 Mn |
| Dec 31, 2016 | 2.72 Mn |
| Dec 31, 2016 | 2.72 Mn |
| Sep 30, 2016 | 2.94 Mn |
| Sep 30, 2016 | 2.94 Mn |
| Jun 30, 2016 | 2.99 Mn |
| Jun 30, 2016 | 2.99 Mn |
| Mar 31, 2016 | 3.56 Mn |
| Mar 31, 2016 | 3.56 Mn |
| Dec 31, 2015 | 2.91 Mn |
| Dec 31, 2015 | 2.91 Mn |
| Sep 30, 2015 | 2.44 Mn |
| Sep 30, 2015 | 2.44 Mn |
| Jun 30, 2015 | 2.35 Mn |
| Jun 30, 2015 | 2.35 Mn |
| Mar 31, 2015 | 2.39 Mn |
| Mar 31, 2015 | 2.39 Mn |
| Dec 31, 2014 | 2.36 Mn |
| Dec 31, 2014 | 2.36 Mn |
| Sep 30, 2014 | 2.39 Mn |
| Sep 30, 2014 | 2.39 Mn |
| Jun 30, 2014 | 2.34 Mn |
| Jun 30, 2014 | 2.34 Mn |
| Mar 31, 2014 | 2.20 Mn |
| Mar 31, 2014 | 2.20 Mn |
| Dec 31, 2013 | 2.18 Mn |
| Dec 31, 2013 | 2.18 Mn |
| Sep 30, 2013 | 2.15 Mn |
| Sep 30, 2013 | 2.15 Mn |
| Jun 30, 2013 | 2.16 Mn |
| Jun 30, 2013 | 2.16 Mn |
| Mar 31, 2013 | 2.20 Mn |
| Mar 31, 2013 | 2.20 Mn |
| Dec 31, 2012 | 2.28 Mn |
| Dec 31, 2012 | 2.28 Mn |
| Sep 30, 2012 | 2.31 Mn |
| Sep 30, 2012 | 2.31 Mn |
| Mar 31, 2012 | 2.17 Mn |
| Mar 31, 2012 | 2.17 Mn |
| Dec 31, 2011 | 2.12 Mn |
| Dec 31, 2011 | 2.12 Mn |
| Sep 30, 2011 | 2.05 Mn |
| Sep 30, 2011 | 2.05 Mn |
| Jun 30, 2011 | 1.95 Mn |
| Jun 30, 2011 | 1.95 Mn |
| Mar 31, 2011 | 1.48 Mn |
| Mar 31, 2011 | 1.48 Mn |
| Dec 31, 2010 | 1.54 Mn |
| Dec 31, 2010 | 1.54 Mn |
| Sep 30, 2010 | 1.63 Mn |
| Sep 30, 2010 | 1.63 Mn |
| Jun 30, 2010 | 1.51 Mn |
| Jun 30, 2010 | 1.51 Mn |